How Long to Read A Simple Economic Model of Cocaine Production

How Long Does it Take to Read A Simple Economic Model of Cocaine Production?

It takes the average reader 1 hour and 3 minutes to read A Simple Economic Model of Cocaine Production by Michael Kennedy

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper presents a simple equilibrium model of the cocaine industry in Peru, Bolivia, and Colombia. The purpose of the model is to represent the fundamental economic relations that determine the size of cocaine output, and to simulate the effects on the production sector of policy initiatives or other changes in the surrounding environment. Model results include: "Crop substitution" programs will have a negligible impact on the world cocaine market. Cocaine supply control strategies that seize and destroy 70% or less of production, without limiting the total level of production, will have little impact on the market. Changes in the size of the world cocaine market have a relatively modest long-run impact on the standard of living of average workers in Peru, Bolivia, and Colombia. The results of this study are insensitive to the data uncertainties concerning the cocaine market.

How long is A Simple Economic Model of Cocaine Production?

A Simple Economic Model of Cocaine Production by Michael Kennedy is 63 pages long, and a total of 15,939 words.

This makes it 21% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read A Simple Economic Model of Cocaine Production Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 27 minutes to read A Simple Economic Model of Cocaine Production aloud.

What Reading Level is A Simple Economic Model of Cocaine Production?

A Simple Economic Model of Cocaine Production is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy A Simple Economic Model of Cocaine Production?

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